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that signals a whole new day for the u.s. barbara walters is here right now with what happened at the white house today. barbara? >> reporter: just a year ago this month, i met with president assad in damascus and i questioned him about the slaughter of his people. since then, 40,000 people have been killed. well, today, president obama had some big news. for the first time, he is putting the syrian opposition on the path to be recognized as the new government if and when assad falls. i'd like to talk about syria. do you plan to recognize the opposition and give them some legitimacy? >> we've made a decision that the syrian opposition coalition is now inclusive enough, is reflective and representative enough of the syrian population, that we consider them the legitimate representative of the syrian people, in opposition to the assad regime, and so we will provide them recognition and obviously with that recognition comes the responsibilities on the part of that coalition. >> reporter: that's a big step. >> it is a big step. there is a small element of those who oppose the assad regime that
. a u.s. ambassador and three others were killed in a terrorist attack on that diplomatic compound in libya. one state department official resigned wednesday and three others removed after an independent panel found security at the consulate was insufficient and state department leadership was to blame. >> the security posture at the special mission compound was inadequate for the threat environment in benghazi. and in fact, grossly inadequate to deal with the attack that took place that night. >> the report also found the attack was not the result of protests over an anti-islamic video as was first reported. later today, two deputy secretaries of state will testify before congress about the attack. secretary of state hillary clinton will not be there. she's recovering from a concussion after fainting from the stomach flu. aides say clinton, the most traveled u.s. diplomat ever won't be making any trips at all for a few weeks. state department officials dismiss claims that clinton is faking her illness to avoid testifying. >>> vice president joe biden is getting right to business w
the markets pull back more to crystallize what this could mean for the u.s. economy to members of congress. we didn't see that. it is a numbers game though in terms of what will happen. we know need 60 votes to clear a fill buster in the senate. seven republicans need to go along a lot of jockeying that needs to be done, even if we have a deal put forth. >> interesting what the market is pricing in. we thought the market wanted a grand deal. clearly, dennis you willing to put up with a band-aid. >> i have been surprised how static it has been, the stock and the bond markets, carl. i think the market, i think, has internalized that idea we are just going to shuffle along for a period, the beginning of january. then for another six to nine months. the bigger question really becomes beyond the equity market in particular, becomes the real functioning economy of this country. we are going to be stuck again. we went through sandy, that was a natural disaster, to think that all this really is man made, still boggles the mind. >> sickening. especially with claims back to 350, decent number this morni
"starting point" next. >>> the u.s. is deploying 400 troops, 2 air defense missile batteries to defend turkey against syria. we'll have a live report this morning. >>> ambassador susan rice takes herself out of the running for secretary of state. why did she do it? who will replace hillary clinton? >>> president obama and john boehner meet for 50 minutes, but didn't walk out with a fiscal cliff deal. but they didn't reach a deal, what's next? >>> why are these ukrainian lawmakers throwing punches. glad we're not there. >> not there yet. friday, december 14th. "starting point" begins now. good morning, everybody. our starting point, a developing story about syria's ongoing civil war and a new role for the united states. leon panetta signed an order to send two patriot missile batteries to turkey along with 400 u.s. troops to help the country defend against any u.s. action by syria. the move was expected as the rebellion destabilizes or begins to destabilize the assad regime. nick paton walsh has the latest for us. nick, good morning. >> reporter: good morning. 400 u.s. troops
your message here on new year's eve. gregg: new controversy in the ongoing debate over u.s. gun rights after a local newspaper decides to public the names and addresses of pistol-permit holders in the area without checking whether there is even a gun in those homes, including mine. david lee miller live in our new york city newsroom. david. >> reporter: all readers have to do is click on a colored dot and you can see who has a permit for a handgun. the headline is the gun owner next door what you don't know about guns in your neighborhood. thousands of people reacted in rage saying their privacy was vie hraetd and personal safety was put at risk. the newspaper says it legally obtained the information after making a freedom of information list just outside new york city. it is waitinger the data from put number county although the map reveals the names and addresses of people who have permits it does not disclose whether or not they have a gun. the paper said specific information about the gun and the type of gun although requested was not released by authorities. a statement by the new
. they keep coming to the same conclusion. there is about 6% of u.s. adolescents that are clinically depressed. that's not just sad. it's in a deep state that need help of one type or another. whether it's counseling or drugs or whatever. they need some help. they're relatively easy to identify. and you can do it in a simple screening process. for very little money. we could have every kid when you get your high school physical, you also have to get checked out, or periodically before graduation. because the thing is, most depressives, kids want to -- they want help. and they will tell adults. usually the two adults they will not tell are their mom and their dad. and that's actually part of the screening protocol is that parents can't be in the room, because they will usually tell a teacher or a counselor or a family doctor. they will tell an adult, but they hide it from their parents because they're embarrassed, ashamed, all sorts of different reasons. so the parents are often blind to it because the child is sort of blocking their view. so parents have difficulty. but yeah, we can do so much
. the only place you have it is overseas. europe looks stable compared to the u.s. right now what does that say about our dysfunctional system? it says our dysfunction is our competitor's advantage in this market and that is sad. >> amen to larry. that was well said. i don't think i can add anything. >> for the average investor watching right now, any advice? >> no. i think that what's going to happen is there will be refl reflexive knee-jerk reaction higher if one of those two things i said happen. the market was up quite a bit since mid-november. the small-cap his been up 9.5% until the sell-off and they'd given a lot of that back, but there was a lot of good feelings priced in, and to me it's not that awful for us to take some of that off. i think the next month will be choppy and whipsaw, but 2013, there are a lot of good things going, housing market, china, japan. i would buy some things. >> guys, got to cut you off. larry, you'll get more time next time, promise. see you later, jim. >>> we're all over the fiscal fiasco. tune in to cnbc this sunday night. yep, we're working the we
to talk about between the cliff and other news. >> three days before the u.s. goes over the fiscal cliff, congressional leaders will meet with the president this afternoon. i remember standing on the white house north lawn last month, after leaders met with the president back then. things looked pretty promising. here's what they said after that meeting. >> i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balanced approach. >> i feel confident that a solution may be in sight. >> it was a constructive meeting. we all understand where we are. >> we feel very comfortable with each other and this isn't something we're going to wait until the last day of december to get it done. >> isn't that special? now we're in the last days of december. and with just three days to go, the rhetoric has changed in the beltway. these are the latest comments. >> republicans aren't about to write a blank check for anything senate democrats put forward, just because we find ourselves at the edge of the cliff. that wouldn't be fair to the
in the u.s. hsbc is accused of transferring billions of dollars for nations like iran doing business with firms linked to terrorism and enabling mexican drug cartels to move money illegally through u.s. subsidiaries. the settlement represents the largest pen the ever paid by a bank. >>> now pot is officially legal in colorado. people 21 and older may have up to 1 ounce of weed, smoke it, not in public and grow a small amount at home as well. the governor has created a task force to help implement the law. here's the problem. it's complicated. the federal government still says marijuana is illegal. >> rocky mountain high. i'll be the billionth person to say that. >>> countdown to double secret lift jop. the space plane is cleared to lift off at 1:05 p.m. eastern time from cape canaveral. this is an unmanned reusable mini verlgs of the space shuttle. it lifts off vertically and lands on auto pilot on a runway. no one knows what it's carrying. the cost to develop it, that is also classified. >> we're calling it a spooky space launch. >> it's about a forth of the size of the space shuttl
exchange. the u.s. marine corps providing toys for less fortunate children for the holiday season. another good cause there. stocks opening up for the first day after the christmas holiday. most major stock markets around the world were closed for christmas, and for the day after christm christmas. china, five-month high on the notion that the urbanization plan will gain spurs in the housing stocks there. japan, abe confirmed as prime minister there. the seventh prime minister in the past six years. we did see the yen hit a 20-month low against the u.s. dollar. notable lows against the euro as well. the topics in the nikkai the lowest in nine months. >> going back to his old job, that he had back in 2007. strange in and of itself. i wonder how long it will take for people to start talking about netflix after the outage going into christmas eve on social media. they were calling it no flix. and to blame amazon web services, which is one of their huge growth engines. a unit of the company they say is probably a tenth of its eventual size. >> one of the highest growth parts of amazon right no
as a joint u.s. afghan special team went in to save the life of dr. dilip joseph, an american doctor who was kidnapped two days before with two members of his afghan staff. the staff was released earlier when a small ransom was made but the taliban was asking for $100,000 for dr. joseph's release. general john allen felt that his life was in imminent danger and then called for the rescue mission as special operations team lured the taliban in, saying they would pay the ransom. the taliban came. instead, they were met by this team who killed at least six taliban insurgents. unfortunately, this u.s. navy s.e.a.l. also lost his life. his identity has not yet been released but he is being labeled a hero by the top brass in washington, including secretary of defense leon panetta and president barack obama who in a statement said he gave his life for his fellow americans and he and his teammates remind us once more of the selfless service that allows our nation to stay strong, safe and free. the american navy s.e.a.l. sacrifice has not been lost on dr. joseph's family who, in a statement relea
member of the u.s. senate. keep in mind fox news has learned now on his death bed senator inouye had requested that a different lawmaker, a hawaii congresswoman take his place. he named his replacer. senator inouye died in washington, d.c. after suffering from breathing problems. as you know we reported here on fox news he represented hawaii since it became a state back in 1959. he also won the middle of honor during world war ii. and that's when a grenade blast blew off most of his right arm. president obama attending a memorial service for the late senator in honolulu over the weekend. the first numbers from the holiday shopping season are in. and they are not good. the worse since 2008, in fact, a master card spending pulse report. finding holiday retail sales rose by less than 1% from last june. that's barely moving. most analysts had predicted a 3% to 4% increase. even online sales which had been growing slowed down dramatically. experts blamed several factors including worries fiscal cliff. the bad weather definitely played a role as well. especially super storm sandy, whatever
and a cacophony of criticism. in a letter to the president today, u.s. ambassador to the united nations susan rice wrote, "the position of secretary of state should never be politicized. i am saddened that we have reached this point even before you have decided whom to nominate." and she shared the news on nbc. >> i didn't want to see a confirmation process that was very prolonged, very politicized, very distracting and very disruptive, because there are so many things we need to get done as a country. >> reporter: just weeks ago, rice, a tough and smart rising star in the obama administration, was the president's top choice to serve as the next secretary of state. but she drew a lightning storm of republican criticism for repeating talking points from the intelligence community that seemed to critics to downplay the terrorist attack on the diplomatic compound in benghazi, libya. >> what this began as was a spontaneous -- >> the concerns i have are greater today than they were before and we're not even close to getting basic answers. >> it is clear that the information that she gave the american p
as if the u.s. government would not pay interest on its debts. have -- you know perfectly well will is about a million things. i have been in the country where they ran out of borrowing capacity and managed important several years to survive without that borrowing capacity. there's a million things you can do before. you don't pay your debt on the u.s. treasuries before you stop paying social security, before you do lots of other things. is he purposefully trying to elevate this to a situation that frightens people? >> in many ways -- this is like the mayan calendar. they said the world would end december 21. we are all still here. the fiscal cliff negotiations and the debts limit thing are not the end of the world and we will figure it out. the most important thing to keep in mind is long term. we want to have a healthy fiscal situation. we have to have a healthy economy. we have to address growth. here's something else that is -- totally missing from this conversation. >> jimmy? >> understand that the executive branch is required under federal law to notify the legislative branch that, fac
. >> 6:22 eastern. quick headlines overnight. president obama sending 50 u.s. troops into africa and tasked with helping evacuate u.s. citizens from the advancement to the capital. the senate faces an uphill battle in the republican-controlled house and pushing to cut the bill down to 24 billion. they say it's loaded with unnecessary amendments, guys. >> juliet: thanks, dave. >> clayton: well, as we get ready to cash out of 2013, the biggest celebrity meltdowns. >> juliet: and joining us is a behavior expert. >> good morning, juliet. >> juliet: let's start with this one. she was on the the show and lovely, but i don't know what's happened to her. she kind of just, i don't know. >> clayton: what's happened to her, patrick? >> well, she-- i'm not attracted to alcohol and pub scenes, but arrested for dui, arrested for leaving the scene of two separate accidents and what does she do? in an act of narcissism and entitlement she tweets that the united states president should fire the arresting officer as if she's saying to the u.s. president, you're my daddy, rescue me. >> juliet: in a
? will the stock market plunge a thousand points and keep on dropping? will the world money watchers see the u.s. drowning in its own dysfunction? or will obama and the dead-end opposition it faces be saved by the public's horribly low expectations of what they can do? what will prove stronger for obama and boehner? the barrels they're riding in or the power of niagra falls itself? joining me now is politico's jonathan ryan. how about an answer on that one? what's going to protect these guys more? the low expectations people have about them getting anything done or failing to do what they set out to do. they all set the deadline. they have the -- what do you call it. the stakes are clear, the payroll taxes, income taxes, you name it. they put it all together. and if they blow it, who's going to get hurt the most? >> well, i think the republicans right now are hammering themselves in the foot over and over and over again. at some point they may figure out how to stop doing that. but in the short-term doesn't look like that's happening. i think the low expectations right now are only helpful to th
to attend a bar mitzvah. she brought the miss universe crown back to the u.s. first time in a decade. >> miss universe 2012 is usa. 20 year old olivia culpo eighth american ever to win the title. back in 1997. she beat out miss philippines and miss venezuela who came in third and those are your headlines. most significant thing i heard about olivia. she's played the cello in carnegie hall. >> steve: she's number one. >> brian: you said the cello is easy. >> gretchen: no, it is not >> brian: always room for a cello. >> gretchen: you are really coming on me in a very joyful and festive way. >> brian: you know how . room will be in the twump suite. >> miss maryland will be the new miss usa. >> brian: miss maryland steps in? >> gretchen: that apartment is full, babe. >> brian: miss usa, miss maryland and miss universe and >> steve: and miss teen. >> brian: they were cheering. >> i think it is miss maryland . excuse me if i have the state wrong. >> brian: i pain is still unbearable in connecticut . five more victims of the sandy hook massacre will be laid to rest today. katherine hubard a
to call a lot more plays than you do when you're serving in the u.s. senate. you're more of a speck taker of what's going on. >> where was he when i needed him? where was he when you needed him? >> he's right there. >> because if he had advised you to do that, you would still be governor. >> yeah. well, maybe so. i had the wonderful opportunity and my wife did to have dinner with governor graham and adelle, and they are lovely people, and he is a great floridian and a great friend. >> if you had to advise somebody young deciding which political party, what would be your main knocks against the republican party 2012, right now? >> well, i just don't think they're very toll lant anymore and not very compassionate. at least the leadership. and i make that distinction because my mom and dad are compassionate people and they're still republicans, moderate republicans and i love them to death but i think the leadership of the party has lost its way. i was proud to be a republican when i was because it was the party of abraham lincoln, the great emancipator. it was the party of teddy roosevelt w
deficiencies. u.s. ambassador to libya, christopher stevens and three other americans were killed in that attack. i'm joined by elise labott. what's the latest? >> reporter: well, the latest is this morning secretary clinton's deputies will be testifying, john. deputy secretary tom nides and william burns. secretary clinton is still suffering from a concussion. what i think is really interesting this morning is who's going to be chairing the morning session with the senate foreign relations committee. that's the chairman, john kerry, who is tapped to be the next secretary of state. now, of course there's a lot of questions in this panel report about the leadership at the state department, but there's also a lot of criticism of congress for not supporting resources for the state department security. let's take a listen to the fine balance that john kerry is trying to walk between trying to be tough on the state department, but also trying to show a little support. >> the report specifically calls on resources. there's a need to put about $2.5 billion a year over a number of years i
investors have pulled at least $380 billion u.s. stock funds from april 2007 and it's the first time ordinary investors have sold during a bull market since world war ii. >>> mortgage rates headed down last week according to freddie mac. the 30-year fixed rate average was 3.35%, just 0.04% from the 40-year lowest on record since 1971. the average on 30-year fixed rates was 3.66%, the lowest in 65 years. michelle, it seems like a good time to buy. >> yeah, maybe. >> thank you, seema, if you can get the loan. >>> why when we just upgraded their trade status in we're about to get answers from a russian expert just ahead. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit offection. report. i'm michelle caruso-cabrera. >> gun control advocates talk about great laws in gun ownership if great britain. there's only one problem, they don't work. they seem to have made things even worse. we'll talk more about that and it happens to
accountable. >> this warning here after a u.s. official tells cnn that syria has begun mixing chemicals that could be used to make the deadly gas sarin. bob bear, i'll bring you in, cnn contributor, former cia officer. welcome back. before we talk about the specifics of sarin, let me just throw this at you. is it possible at all that this man, this mad man, bashar al assad, is bluffing? >> oh, i don't think he's bluffing. we have to consider what he represents and that's a very small community, which feels under threat. it thinks it will be destroyed by sunni fundamentalists if it loses damascus or any other big cities. they have their backs to the wall. they say among themselves that when it comes to their lives or killing the rebels they will kill the rebels. in other words, yes, they will use the sarin, i've been dealing with the people for 30 years, they're almost a cult. what seems to us completely irrational decision, they're capable of. i don't know whether they have reached this point or not, but if things get bad enough in syria, i have no dowd they'll use it. >> on this sarin
leading man, new husband ned rocknroll. that's his last name. the private ceremony right here in the u.s., held in upstate new york. >>> and two words for our quote tonight, and it comes from that 1965 song, "rescue me." ♪ come on baby and rescue me >> tonight, we are remembering the soul singer whose name you might not remember, but she was the writer and the first singer to make that song a huge hit. fontella bass has died at 72. aretha franklin, of course, giving the song new life much later. the "instant index" here on a thursday night. >>> and when we come back here on the broadcast, check this out. this kicker, watch. he lands the football right there in the basket. then he lands it right in a moving boat. perhaps he should get in the boat and come to america. he's being invited by one nfl team tonight. [ male announcer ] when it comes to the financial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and the
package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidenta
maker based in the u.s. the company received $133 million in federal stimulus grngrnt grants before going under. republicans called the case a textbook example of wasted stimulus money. >>> "usa today," controversy surrounding the korean pop sensation psy. he performed last night at the christmas in washington concert with the president and his family in attendance. he has that dance, you know? >> you know, everybody, like, sends me videos of them doing this. i have no idea what it is. >> "gangnam style." >> is that how you say it? >> yeah. >> oh, you know what? i prefer to be out of it on this one. >> so this was just days after video surfaced of him using inflammatory anti-american language and leading anti-u.s. protests at a concert in 2004 amid the heat of the iraq war. the song, which is a cover called for killing, quote, yankees. on friday psy issued an apology saying he understands american servicemen's sacrifices and regrets using the inflammatory language. >> it was really harsh language that he used, but you know what? a lot of people said a lot of stupid things again. i w
and saudi arabia and other countries. >> eric: muslim brotherhood believes sharia law above u.s. >> they use law of. a this attacked me of a fear mong yer then they instituted sharia law. >> eric: terrorist attack on the u.s. soil. >> home grown terrorist attack will get worse because we have not discredited the islamist idea ooling that fuel its. as numbers grow, it is harder to keep track and in benghazi, the system fails. >> eric: ryan mauro. moral of the story see something, say something. thank you very much. it is called the medical miracle and helping paralyzed people walk again. dr. martin seigel is here with the brand new break through technology . the supreme court striking down a request from a christian business on the heels of the same justice ruling in favor of muslim inmates. is there a double standard over the fight with the faith? ♪ ♪ you have a plan? first we're gonna check our bags for free, thanks to our explorer card. then, the united club. my motr was so wrong about you. next, we get priory boarding on our flight i booked with miles. all because of the card. and me.
the u.s. army is getting rid of soldiers, dismissing them because they don't meet fitness standards. obesity is a rising concern in the armed forces, has even been cited by military officials as a national security concern. between 1998 and 2010, the number of active duty military personnel characterized as overweight or obese has more than tripled and now the leading cause of ineligibility for people who want to join the army, according to military officials. want to know what the healthiest states are? >> i want to know how to live longer. the u.s. today says sitting on the set of a show is not the way. >> sitting too much or in snow too much. unless you live in vermont, massachusetts, connecticut or utah. >> unhealthiest, alabama. >> will die. >> south korea, west virginia, arkansas, louisiana, mississippi. >> what all those states have in common. north carolina. i see no trend. h i was in the land of -- let's do the news. >> i just was, actually. >> two sides of the story. >> okay. fine, thank you, rattner, thank you, willie. >> look at this! >> neighbor american cities. >> look
not find that any individual u.s. government employee engaged in willful misconduct or knowingly ignored his or her responsibilities, we did conclude that certain state department bureau level senior officials in critical positions of authority and responsibility in washington demonstrated a lack of leadership and management ability appropriate for senior ranks in their responses to security concerns posed by the special mission. >> a total of four senior state department officials have either resigned or placed on administrative leave in the wake of this report but what about secretary of state hillary clinton. she's in charge and she initially took the fall. >> i take responsibility. i'm in charge of the state department. 60,000 plus people all over the world, 275 posts. the president and the vice president certainly wouldn't be knowledgeable about specific decisions that are made by security professionals. they're the ones who weigh all of the threats and the risks and the needs, and make a considered decision. >> joining me now, former u.s. ambassador, christopher hill. good morning
serving senator in u.s. history, democrat senator inouye died from respiratory complications. president obama praised him calling inoue a true american hero. his staff says his final word was aloha. he was 88 years old. a great, as the president said, great american hero. the charleston post, south carolina governor, nikki haley, selects republican tim scott to replace out-going jim demint. the tea party will be switching and will become the first african-american senator ever from south carolina. >> "boston globe," taking new steps to speed up your check-in this holiday season. the elderly members of the military and other travelers deemed low risk will now be able to keep their shoes, jackets and belts on. the tsa has also expanded its pre-check trusted traveler program to 35 airports. >> those trusted travelers, t.j. >> and a look with "politico" playbook, jim vandyheim. >> there was some movement on the fiscal cliff talks. >> yes. i would say substantial movement where you can see the contours of a deal that can get done potentially pretty quick where the president is willing to say
. they would sell u.s. debt and force change that way. now the federal reserve owns most of the debt, so the bound vigilanties have been new tered. >> that was a very clear way of explaining that. >> now everybody can go back to sleep in america. i wanted to tuck people back in. >> is jack jacobs on the phone? let's take a pause. >> i put colonel jacobs back to sleep. >> no one can put colonel jacobs to sleep. he's hyperactive. as we indicated earlier in the show, a long-time friend, sometimes under ling of general norm an schwartzkopf. colonel jacobs, i was mentioning at the top of the show that the impact that general schwartzkopf, then colonel schwartzkopf had on me from an incident in vietnam that a woman in iowa, peg mullen, wrote about in a book called the "friendly fire" about the death of her son a young army private. general schwartzkopf was the army commander and he was so human and approachable to mrs. mullen. it was impressive. clearly he was an impressive guy. tell us your thoughts and memories of general sworts co h schwartzkopf. >> he was an impressive guy. i he met him w
dart pools in the u.s. operating alongside 13 public exchanges. the concern, there's a potential disadvantage to the overall markets and, of course, retail investors. maria? >> that. ton, thank you so much. >>> as the debate continues on capitol hill, back on wall street, seth marin argues that high-frequency trading benefits the few at the extension of many and is taking a toll on investor confidence and seth joins me right now along with special guest host ken langone. you're very critical of high-frequency trading saying it benefits the few at the expense of many. why in. >> that's correct. you have a very few number of constituents, and this is very much of a zero sum game, and they make their money at the expense of all of those folks who are investors who invest in the mutual funds and the pension funds, and the most important thing that we need to reinstill in this country is investor confidence. >> yeah. >> unfortunately, all of the major blow ups, recently the flash crash, facebook or the knight fiasco are interrelated with high-frequency trading. >> that's a good point
. [ male announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail man picks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >>> well, we're getting numbers in. turns out retailers saw the weakest holiday season since 2008 hurt by bad weather and more uncertainty about the rising tax increases that could come next year. we're wondering if the concerns will continue to keep shoppers from spending into 2013. >> let's ask our guests. ladies, thanks so much for having us. i nearly said thank you for having us. thanking you for coming on the show. stacy, here we are day in and day out on the financial news talking about the fiscal cliff, economists talk about the fiscal cliff and politicians talk about the fiscal cliff. we're wondering whether mom
of the longer term health of the u.s. they are incapable of it. >> you're thinking ahead, todd? >> look at the spending cuts, 25% of gdp comes from government spending, historically it's 20 it is. if there's a cut in government spending, where is the lift coming from, consumers, investment? therefore, the u.s. economy, we're on fragile ground right now. >> short term, sarge, this market held hostage minute by minute by the developments out of washington. >> yeah, sure, if we don't see any kind of compromise whatsoever, you'll see this s&p 500 trading in the 1360s next week. i think you'll get a short-term deal, address some of the issues, not really solve anything, kick the can down the road much like they do in europe and get your mild positive reaction going into the jobs data on friday. >> do you think we get a definitive move in this market one way or the other with some announcement out of washington, or is this market just so tired of all of the developments there? what do you think? >> well, there's still a risk-on trend, and if they kick the can down the road or actually come to
. mary thompson is at the big doi. the dow staged and pulled lower today by u.s. senator harry reid and the idea that the markets would send the markets higher in late trading and even though the gains latt in the kay were trimmed. mitch wok nell tock to the fleb vp strategy. the weaker performers were financial, materials as well as utilities among the sectors offsetting late-day games we saw in discretionary and staple stocks low on initial consumer sentiment and the cliff. home builders today finished something very good. november home sales for strong continue once again. of course, now all eyes to this weekend to see what hang will done about the cliff. back to you. >> if, at all. thank you, mary. housing is clicking on all cylinders right now. home prices up nearly 7 boston this year making it the first yearly gain we've seen in housing six 2006. that's unbelievable. >> it is unbelievable. >> look the november numbers. 14.5% jump in existing home sales. mary mentioned the 15% increase in new home sales. mortgage rates still close to all-time lows right now. >> with all that po
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the flights all over the u.s. are cancelled . logan international airport in boston is affected. that is where wfxt is there. how is it looking this morning? it looks like a ghost town at this hour. it is it still pretty early . we have a lot of people waiting to go to warmer destinations. there are a are handful of flights that are come going and those were cancel would and also flights that are coming in from columbus cancelled as well the wiptir storm is wreaking havoc . they're cancelled or delayed. it dumped snow in parts of texas and oklahoma . now there is it a blizzard warning in affect . that is pushing through pennsylvania and new york and coming to new england and the big problem will be tomorrow and thursday and we'll experience heavy wind and rain . here in logan airport is not a huge problem for us . we are not experiencing precipitation. it is it flights going to or coming from places that are affected. that is it a problem, too. live in logan. now a major u.s. military base coming under attack in afghanistan. that is in pakistan . nato said the homicide bomber did not make it i
in the past year. u.s. military officials say it appears a navy s.e.a.l.s commander committed suicide this weekend in afghanistan. his death is under investigation. >>> a united nations envoy is in damascus it this morning in a bid to end the escalating civil war after a government air strike on a bakery in central syria killed more than 60 people as they were waiting for bread. more than 40,000 people have died since the conflict began in march of 2011. >>> idaho senator michael kra poe is apologizing it to ms. family and constituents after arrested and charged with driving under the influence. he was stopped in virginia for running a red light on sunday. he failed sobriety tests registering a blood alcohol level over the legal limit. the senator who was eye mormon has said in the past he does not drink alcohol as his religion prohibits it. >>> turning to wall street, kayla is at athe new york stock exchange. good morning. >> the stock mark has tracked the progress of the fiscal cliff talks or lack thereof. falling on news of no deal and now at a relative standstill, still the major
's take a look at the u.s. futures set up for the open first of the week. dow looking at about 50 points right after the open. as for the action in europe, taking its cues from the united states. we'll see a big rally in china extending one of its biggest rallies in three years. we have a mixed bag in europe with italy up by about .2 of 1%. >> we'll do our best to keep focused on the business day. we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionaires. could this be the tipping point. moving the talks beyond deadlock. >> a big week for earnings. yes,
to pass it, the speaker abdicated his role in the fiscal cliff talks. he said it was up to the u.s. senate and the white house to do something. the sad reality is that boehner is leading a dysfunctional caucus with a vocal minority of tea partiers who can hold up the chances for any deal. today harry reid accused boehner of caring more about his re-election as speaker than getting something done. take a listen. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> what is boehner's game plan? does he even have one? ryan grim is washington bureau chief for "the huffington post," and glen johnson is politics editor for boston.com. i worked on the hill for years. you cover the hill and know it. that was a very personal shot from harry reid. is it accurate to say, open question, that speaker boehner is worried about staying speaker? >> yes. he's defini
a factory in ohio, last u.s. manufacturing company, some pensions put pressure on them and were able to change their mind. >> can the institutional investors big ones, nif them out there, can they put political pressure on congress to move this along or not. >> they can. they don't have a huge amount of money to do such things. i'll put it this way. compared to the amount of money private industry can put, there's no contest. >> dan from "fortune" magazine. thank you very much. sue, thank you. >> next half hour, ty, i'll look at the impact of the sandy hook tragedy had on gun retailers, then we'll talk with a leading mental health expert on whether mental health is being lost in the debate. back in 2:00. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lip
. doctors saying the oldest living former u.s. president now moved into the spencive care unit after what they call a series of setbacks. they're adding that they are cautiously optimistic about his recovery. >>> hawaii's lieutenant governor brian schatz tapped to fill the seat of the late senator daniel inn way. -- inouye. he had named a congresswoman to preplace him on his death bed, that was his wish. the governor said he made his decisions in the best interests of his party. and second time's a charm, a new poll shows 46% of americans believe the president's job performance will improve in his second term. 22% are preparing for things to get worse, they say. harris: in the country where the government is killing its own citizens, new violence we're learning about in syria. anti-government rebel fighters attacking a government base, and we are learning the international envoy seeking a solution to in this 21-month-old conflict is saying political change is needed immediately to end the violence which has already killed an estimated 44,000 people. leland vittert live for us from our mid
strand more travelers these days because of fewer flights and smaller planes. u.s. airlines have cut capacity by 11% since 2005. mary frances fagan works for american airlines, which canceled 377 flights on thursday. >> to the degree we have the capability of adding flights to very popular destinations we do that, and i'm sure other carriers that have that capability do as well. >> reporter: but not everyone is going to one of those very popular destinations, scott. and for those who are not, the message from the airlines is "patience, please." >> pelley: dean, thanks very much. we found another sign that the economy is recovering and we'll tell you about it next. tell you about it next. i have what science calls the nightly stuffy nose thing. i can't breathe, so i can't sleep. and the next day i pay for it. i tried decongestants... i tossed and turned... i even vaporized. and then i fought back with drug-free breathe right. these nasal strips instantly open my nose, like a breath of fresh air. i was breathing and sleeping better. [ female announcer ] exercise your right to breathe r
announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >>> and now to our "instant index" here on a wednesday night. and to what might have seemed like coal for some netflix subscribers this christmas. quote of the day here. panic spreading across america as netflix faces outage. families forced to talk to one another. that was the tweet that summed up with tens of millions of subscribers felt after the servers went down for nearly 20 hours on the holiday. >>> 1428 miles and 186 miles per hour. that's how fast and how far the world's longest fastest train now goes. it debuts today in china, cutting a nearly 1,500 mile trip from 22 hours to just eight. >>> and to this video in our "instant index" tonight. the pure joy of christmas gift giving and receiving, caught on camera. 7-year-old reese of new jersey, so happy over his video game, he cries. >> i'm so happy! >> you're so happy? >> a child's joy on christmas. >>> when
.com. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ get coricidin hbp. the number one pharmacist recommended cold brand designed for people with high blood pressure. and the only one i use to relieve my cold symptoms without raising my blood pressure. coricidin hbp. that's the guy who gets his salsa from new york city. new york city? [ alarm chirps ] [ male announcer ] 'round here, there's only one word for salsa: pace. made the right way for that big bold kick. grab the southwest by the bottle. >>> finally tonight here, the athlete kicking his way into homes across america, because of his extraordinary feats in this video. even capturing the attention of an nfl team that just might be asking him to come to america. here's abc's nick watt now. >> reporter: havard rugland has never actually played football, but he can do this. and this. with a pigskin. a life-long soccer player with a killer left
's look at the "morning papers." "the washington post." the u.s. army will seek the death penalty against staff sergeant robert bells. his defense team says he shouldn't face the death penalty because he was serving his fourth deployment in a war zone. >>> "los angeles times." robert bork died of heart disease. he was solicitor general during watergate. he worked on romney's campaign as a senior judicial adviser. he was 85. >> "the san francisco chronicle," publicly voicing concerns over the new film "zero dark thirty." it tells the story of the hunt for osama bin laden and includes several graphic for tour seasons. the senators called the film "grossly inaccurate and misleading." they would. and said "there is a social and moral obligation to get the facts right," which "zero dark thirty" does. no editorial there. mark. >> "usa today," the air force is turning to espn and other video outlets to help manage its grow ing drones. it did not lead to technological breakthroughs but helped them develop new techniques. 325,000 hours of video material. >> and "the providence journal," 20-year-ol
syrian rebels in an effort to end assad's regime. the u.s. doesn't plan to provide arms to the rebels. >>> and from our parade of papers, "the dallas morning news." north korea has defied international warnings, firing another long-range rocket. the second such launch under new leader kim jong-un. korean state tv claims the launch was successful and that the rocket delivered a, quote, peaceful satellite into orbit. >>> this is a big morning now. >> it is. he's here. >> he's here in the flesh in new york city in the studio. >> 12-12-12. happy 12-12-12. >> top 12 reasons, something. >> willie and i since 11-11-11 -- >> i was watching you. >> and we're, like, on the holiday inn over on 57th. we're going to be ready when it's 12-12-12 because that's going to be a special day. we'll make a top 12 list of the things a man should do to -- >> and we want to get this right. >> we're going to get it right. >> because we were so wrong about y2k. >> we really were. >> the millennium. >> we really were. you know what? let's not kill hamlet in the first act. we're going to give you our special top
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